Corn Prices Rose by 0.29% to $3.44 per Bushel; Driven by Weak US Corn Yields

Cocoa
is trading at $2,201 per metric tonne, 8.5% above the average in 2017.
Unfavourable weather conditions and stronger collaboration between the major
West African producers is helping prop up prices.

Nigerian
production is still sharply lower than that of Ivory Coast and Ghana. It stands
to benefit in the long run from new investments in improved seedlings and
increased acreage. Cocoa remains a leading export commodity for Nigeria
contributing approximately $0.5bn annually.

The
attached document contains a snapshot of the global and domestic developments
in the commodities market.